FLORA: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
FLORA
Largest movements
- Tangible fixed assets +€228,267
up €228,267 (+36.1%), from €631,918 to €860,185
of which Land and buildings: +€233,869
- Cash -€45,762
down €45,762 (-66.4%), from €68,881 to €23,119
mainly Investment in fixed assets (net) (-€289,000) and Debts after one year (-€36,151)
- Receivables within one year +€30,677
up €30,677 (+21.4%), from €143,377 to €174,054
of which Trade receivables: +€29,811
- Revaluation surpluses +€289,000
new in 2025: €289,000
- Debts after one year -€36,151
down €36,151 (-4.3%), from €836,181 to €800,030
- Profit (loss) carried forward -€28,923
down €28,923 (-5.5%), from -€527,932 to -€556,856
- Other debts -€14,353
down €14,353 (-11.0%), from €130,084 to €115,731
- Tax, wage and social debts +€13,229
up €13,229 (+3116.7%), from €424 to €13,654
of which Taxes: +€13,229
- Financial charges -€27,181
down €27,181 (-67.1%), from €40,524 to €13,343
- Depreciation -€14,634
down €14,634 (-19.4%), from €75,367 to €60,733
- Gross operating margin -€13,848
down €13,848 (-22.5%), from €61,566 to €47,718
- Other operating charges -€2,845
down €2,845 (-54.1%), from €5,262 to €2,417
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €947,106 | €1,160,289 | +€213,183 | +22.5% |
| Fixed assets | 21/28 | €680,418 | €908,685 | +€228,267 | +33.5% |
| Tangible fixed assets | 22/27 | €631,918 | €860,185 | +€228,267 | +36.1% |
| Land and buildings | 22 | €619,915 | €853,784 | +€233,869 | +37.7% |
| Plant, machinery and equipment | 23 | €4,530 | €4,278 | -€252 | -5.6% |
| Furniture and vehicles | 24 | €7,473 | €2,123 | -€5,350 | -71.6% |
| Financial fixed assets | 28 | €48,500 | €48,500 | = | 0.0% |
| Current assets | 29/58 | €266,688 | €251,604 | -€15,085 | -5.7% |
| Stocks and contracts in progress | 3 | €53,542 | €53,542 | = | 0.0% |
| Stocks | 30/36 | €53,542 | €53,542 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €143,377 | €174,054 | +€30,677 | +21.4% |
| Trade receivables | 40 | €88,852 | €118,663 | +€29,811 | +33.6% |
| Other amounts receivable | 41 | €54,524 | €55,391 | +€867 | +1.6% |
| Cash at bank and in hand | 54/58 | €68,881 | €23,119 | -€45,762 | -66.4% |
| Deferred charges and accrued income | 490/1 | €889 | €889 | = | 0.0% |
| Total equity and liabilities | 10/49 | €947,106 | €1,160,289 | +€213,183 | +22.5% |
| Equity | 10/15 | -€377,577 | -€117,501 | +€260,077 | +68.9% |
| Contributions | 10/11 | €106,973 | €106,973 | = | 0.0% |
| Capital | 10 | €106,973 | €106,973 | = | 0.0% |
| Issued capital | 100 | €106,973 | €106,973 | = | 0.0% |
| Revaluation surpluses | 12 | - | €289,000 | +€289,000 | |
| Reserves | 13 | €43,381 | €43,381 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Distributable reserves | 133 | €37,184 | €37,184 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€527,932 | -€556,856 | -€28,923 | -5.5% |
| Amounts payable | 17/49 | €1,324,684 | €1,277,790 | -€46,894 | -3.5% |
| Amounts payable after more than one year | 17 | €836,181 | €800,030 | -€36,151 | -4.3% |
| Financial debts | 170/4 | €836,181 | €800,030 | -€36,151 | -4.3% |
| Amounts payable within one year | 42/48 | €488,503 | €477,760 | -€10,743 | -2.2% |
| Current portion of amounts payable after more than one year | 42 | €18,776 | €20,718 | +€1,942 | +10.3% |
| Financial debts | 43 | €311,000 | €300,000 | -€11,000 | -3.5% |
| Credit institutions | 430/8 | €311,000 | €300,000 | -€11,000 | -3.5% |
| Trade debts | 44 | €28,219 | €27,657 | -€561 | -2.0% |
| Suppliers | 440/4 | €28,219 | €27,657 | -€561 | -2.0% |
| Taxes, remuneration and social security | 45 | €424 | €13,654 | +€13,229 | +3116.7% |
| Taxes | 450/3 | €424 | €13,654 | +€13,229 | +3116.7% |
| Remuneration and social security | 454/9 | - | €0 | = | |
| Other amounts payable | 47/48 | €130,084 | €115,731 | -€14,353 | -11.0% |
| Remuneration, social security and pensions | 62 | €146 | €149 | +€3 | +2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €75,367 | €60,733 | -€14,634 | -19.4% |
| Other operating charges | 640/8 | €5,262 | €2,417 | -€2,845 | -54.1% |
| Gross operating margin | 9900 | €61,566 | €47,718 | -€13,848 | -22.5% |
| Operating profit (loss) | 9901 | -€19,209 | -€15,581 | +€3,628 | +18.9% |
| Financial charges | 65/66B | €40,524 | €13,343 | -€27,181 | -67.1% |
| Recurring financial charges | 65 | €40,524 | €13,343 | -€27,181 | -67.1% |
| Profit (loss) for the period before taxes | 9903 | -€59,732 | -€28,923 | +€30,809 | +51.6% |
| Profit (loss) for the period | 9904 | -€59,732 | -€28,923 | +€30,809 | +51.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€59,732 | -€28,923 | +€30,809 | +51.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.